EUR/USD: Powell, PCE inflation and NFP in the sights

EUR/USD stalls while waiting for Powell, PCE inflation and NFP EUR/USD continues its short-term seesaw in its range between around $1.02 and $1.05, but could pull back as Jerome Powell is expected to be on the alert this afternoon. Fed Chairman to speak at Brookings Institution on ‘the economy, inflation and the labor market’ and … Read more

EUR/USD: the euro in equilibrium at parity before the NFP

The EUR/USD dithers around the parity while waiting for the publication of the NFP EUR/USD price ended lower yesterday under pressure from better than expected US economic data. The euro is back to test its recent lows, continuing its seesaw movement around the parity threshold. The US ISM manufacturing index came out unchanged in August, … Read more